““Inequality for All”Inequality for All”

Greg HamillGreg Hamill ghamill@oakton.edu www.oakton.edu/~ghamill

Median Median familyfamily income U.S.: income U.S.:◦ $64,053 (‘12) (all earners)

Median Median household household income income U.S.:U.S.:

$51,017 (’12)

Median Median familyfamily income IL: income IL: IL ‘12 ($68,705 All

families) IL ‘12 ($47,536 1 earner) IL ‘12 ($88,138 2 earners) IL ‘12 ($103,917 3+

earners)

Median Median household household income IL:income IL: IL ‘12 ($51,738) http

://www.census.gov/hhes/www/income/data/statemedian/index.html

Median for eachMedian for each QuintileQuintile??

Income and Wealth Income and Wealth StratificationStratification

Robert Reich: Income & Wealth Robert Reich: Income & Wealth GapGap

The BIG issue… The BIG issue… WideningWidening income and wealth stratification income and wealth stratification over the past 30 years.over the past 30 years.

Why?Why? Is it a social problem?Is it a social problem? What are some solutions?What are some solutions?

In-Class Group ExerciseIn-Class Group Exercise Former Secretary of Labor, Former Secretary of Labor,

Robert ReichRobert Reich

Other films/videosOther films/videos Robert Reich “How Unequal Can America Get Before

Snapping?” (59 minutes, 2005)http://www.youtube.com/watch?v=QCu-XnVxhfk

 Wealth Inequality in America (2012)https://www.youtube.com/watch?v=QPKKQnijnsM (6 minutes)

  Inside Job (2010)

http://www.imdb.com/title/tt1645089/

Frontline – “The Economic Meltdown” (2009)http://www.pbs.org/wgbh/pages/frontline/meltdown/view/

United for a Fair Economy “Growing Divide” PowerPointhttp://www.faireconomy.org